A Different View Of Early Netscape

Failures

from the fun-read dept

I’m about half way through Andy Kessler’s excellent new book Running Money : Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score, and along comes Always On to run an excerpt of the chapter I just finished, describing, succinctly the fall of Netscape from Kessler’s viewpoint (this follows an earlier excerpt of the first half of the chapter where Kessler doesn’t get to invest in a very early Netscape when it was still called Mosaic Communications). Jim Clark does not come off well at all. It’s amusing, of course, because for much of the 90s, Jim Clark was the untouchable golden boy of Silicon Valley — but in the last few years (helped out, of course, by his announcement that Silicon Valley was over and was going to play around in the Florida real estate market) it seems that plenty of less than flattering portraits are being painted.